Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Up 155.3% in June

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 111,353 shares, an increase of 155.3% from the June 15th total of 43,611 shares. Based on an average daily trading volume, of 36,387 shares, the short-interest ratio is currently 3.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Wakefield Asset Management LLLP increased its holdings in shares of Western Asset Inflation-Linked Income Fund by 176.3% in the fourth quarter. Wakefield Asset Management LLLP now owns 316,360 shares of the financial services provider’s stock worth $2,616,000 after purchasing an additional 201,873 shares during the period. Aviance Capital Partners LLC boosted its stake in Western Asset Inflation-Linked Income Fund by 3.1% during the fourth quarter. Aviance Capital Partners LLC now owns 68,300 shares of the financial services provider’s stock valued at $565,000 after buying an additional 2,084 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Western Asset Inflation-Linked Income Fund during the third quarter valued at $138,000. LPL Financial LLC grew its position in Western Asset Inflation-Linked Income Fund by 4.9% during the fourth quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock worth $289,000 after buying an additional 1,631 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Western Asset Inflation-Linked Income Fund by 32.1% during the fourth quarter. Osaic Holdings Inc. now owns 44,467 shares of the financial services provider’s stock worth $368,000 after buying an additional 10,813 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Stock Performance

WIA stock opened at $8.06 on Tuesday. The firm has a 50 day moving average of $8.11 and a 200-day moving average of $8.17. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.95 and a 12 month high of $8.54.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be paid a $0.052 dividend. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a yield of 7.7%.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.